Ryan FowlerChancellor Rachel Reeves has confirmed that changes to disability and health-related benefits will deliver £4.8bn in savings, following what she described as “final adjustments” to the plans announced last week.
As part of the reforms, the universal credit standard allowance will rise from £92 per week in 2025/26 to £106 per week by 2029/30.
However, the universal credit health elements will be cut by around 50% for new claimants and then frozen.
The measures form a key component of Reeves’ effort to meet the Government’s fiscal rule and maintain headroom for future spending plans.
